SCCI

SCCI The Regional Business Organization of South Asia.

 : The Ministry of Industry and Commerce says that during this period, investors from countries including  ,  ,  ,   and...
23/09/2026

: The Ministry of Industry and Commerce says that during this period, investors from countries including , , , and have invested more than $1 billion in various sectors.

Mohammad Asif Elyas, spokesperson for the Ministry of Industry and Commerce, said: “These investments have been made in the oil and gas, electricity, mining, cement, food and other sectors, creating job opportunities for thousands of people.”

One example is an Iranian company producing detergents. The company has expanded its operations in Kabul and Herat and says it has created jobs for more than 100 people at its two facilities.

Women make up a significant portion of the company’s workforce and are employed in labeling, packaging and laboratory sections.

Wahid Bani Asadi, the company’s manager, said: “The main part of this business is in Iran, but our employees are based in Afghanistan. They thoroughly assess the market and identify its needs.”

Company officials say they consider Afghanistan an important market and are seeking to expand their production activities in the country.

For some of these women, working in the industrial sector provides an opportunity to use their skills and contribute to supporting their families.

Tamanna, an employee, said: “It is encouraging that we can at least work in the industrial sector and factories for entrepreneurs and traders. We are very happy that such opportunities have been provided.”

Alongside women, men are also employed in various sections of the factory and contribute to the production and preparation of its products.

Faiz Mohammad, an employee, said: “We ask the Islamic Emirate to support those who invest here, particularly in terms of electricity, raw materials and security.”

Increased foreign investment in the industrial sector, coupled with reliable energy supplies, adequate infrastructure and support for domestic production, could help boost local production and create more jobs.

Read more: https://tolonews.com/business-200917

 : Abu Dhabi-based developer Eagle Hills signed an agreement with the Maldives government to build the Maldives Waterfro...
22/09/2026

: Abu Dhabi-based developer Eagle Hills signed an agreement with the Maldives government to build the Maldives Waterfront and Marina, a mixed-use district in Ras Malé — the government’s flagship land-reclamation city at Fushi Dhiggaru Lagoon, about 17 minutes from Malé by speedboat, according to a press release. Eagle Hills says the project is envisioned to draw as much as USD 12 bn in investment across its phases, though the construction timeline has yet to be disclosed.

What Eagle Hills is actually proposing: The project comprises an integrated district of hotels, branded residences, a marina, and retail and leisure space, along with schools and clinics — the same mix as most of its other projects. Eagle Hills says it won’t dredge further, since the land is already reclaimed under the Maldives’ own Ras Malé program, and will bring in independent marine monitoring during construction.

Why it matters: This would be one of the largest foreign investment commitments the Maldives has landed — the Maldives’ entire FDI stock, accumulated over decades, is estimated at around USD 9.1 bn. Eagle Hills’ investment is still envisioned capital, not committed capital — but even directionally, this is a different order of magnitude for Maldivian FDI. It also comes at a moment when Abu Dhabi and Dubai developers — flush with cash from a multi-year property boom — are looking outside a home market where demand has cooled since the Iran war began.

Eagle Hills’ Georgian, Syrian, and now Maldivian pushes are variations on the same theme. Gulf capital and construction expertise, deployed into markets that need both. Chairman Mohamed Alabbar has said Dubai-listed Emaar Properties, which he also chairs, could join the project.

BACKGROUND- Eagle Hills’ overseas pipeline has grown fast. Since founding Eagle Hills in 2014, Alabbar has taken the Emaar playbook — master-planned, mixed-use, marina-anchored developments — into Georgia (a USD 6 bn commitment), Iraq (a USD 1.5 bn Baghdad golf course), Italy (restoring Venice’s Grand Hôtel des Bains with Coima), and most recently Syria, where he is planning a USD 18 bn reconstruction-linked fund. Not every push has landed cleanly: the Belgrade project with Jared Kushner has drawn scrutiny, Montenegro needed a parliamentary ratification fight to survive local controversy, and Budapest killed Eagle Hills’ “mini-Dubai” project outright after community pushback.

The Maldives — a market the UAE already knows well — is a comparatively lower-risk wager by that standard. UAE investors have been active in the country’s tourism sector for years. Dubai-based MBS Global Investments agreed with the Maldives government in May 2025 to build a USD 8.8 bn financial center in Malé; the Abu Dhabi Fund for Development backed the expansion of Velana International Airport, which reopened last year; and Dubai developer Dar partnered with a Trump-linked developer to build and tokenize a Maldives hotel just months ago.

Read more: https://enterpriseam.com/uae/2026/09/22/eagle-hills-inks-usd-12-bn-maldives-waterfront-agreement-its-largest-indian-ocean-investment/

 : Ambassador of   to   Dewi Gustina Tobing highlighted the country’s focus on promoting and facilitating inbound and ou...
20/09/2026

: Ambassador of to Dewi Gustina Tobing highlighted the country’s focus on promoting and facilitating inbound and outbound investment at the Sri Lanka–Indonesia Business Council held recently.

Sheamalee Wickramasingha, Chairman / Group Managing Director of Ceylon Biscuits was re-elected as President of the Council for 2026/27.

She highlighted the Sri Lanka–Indonesia Business Delegation to Indonesia, which provided opportunities for Sri Lankan businesses to engage with Indonesian counterparts and explore avenues for commercial cooperation.

The office bearers for the 2026/2027 term include Senior Vice President – Gerard Victoria, Director/CEO of North South Lines, Vice President – Ehantha Sirisena, Founder/Director of OMAK Technologies, and Treasurer – Marshad Barry, Deputy Head of Orphan Care & Institutional Marketing of Amana Bank.

The Council’s Executive Committee also comprises representatives from Aitken Spence Cargo, hSenid Business Solutions, Solarray Energy, Haycarb PLC and MAS Intimates, together with the Immediate Past President, Vish Govindasamy of Sunshine Holdings.

Readmore: https://economynext.com/sri-lanka-indonesia-business-council-pushes-for-stronger-bilateral-investments-283393/

 :   and   have discussed ways to expand bilateral trade, promote joint investment and strengthen economic cooperation d...
19/09/2026

: and have discussed ways to expand bilateral trade, promote joint investment and strengthen economic cooperation during a meeting between Afghan business officials and the Russian ambassador in Kabul.

Sayed Karim Hashemi, President of the Afghanistan Chamber of Commerce and Investment, held talks with Russian Ambassador Dmitry Zhirnov, focusing on opportunities to deepen economic and commercial ties between the two countries.

During the meeting, Hashemi called for increased Russian participation in Afghanistan’s economic development, highlighting the potential for greater trade, joint investment projects and stronger cooperation between businesses from both countries.

The two sides also discussed Russia’s participation in the upcoming 5th Imam Abu Hanifa Exhibition, which is expected to provide an important platform for Afghan and foreign companies to explore new commercial opportunities and establish business partnerships.

The planned visit of an Afghan trade delegation to Moscow was also discussed during the meeting.

Both sides stressed the importance of such exchanges in expanding direct contacts between Afghan and Russian businesses and identifying new opportunities for cooperation across various economic sectors.

They further reaffirmed their commitment to reducing regulatory, administrative and logistical obstacles that have hindered the expansion of bilateral trade.

Officials emphasized that easing these barriers would help strengthen private-sector partnerships, facilitate investment and encourage greater business-to-business engagement.

The discussions come amid Afghanistan’s efforts to expand its economic and trade relations with regional and international partners. For Kabul, stronger commercial ties with Russia could contribute to increased investment, expanded markets for Afghan products and greater economic connectivity.

Both sides expressed their readiness to continue working toward stronger economic relations and to translate existing areas of cooperation into concrete trade and investment opportunities.

Readmore: https://ilkha.com/english/world/afghanistan-russia-discuss-new-opportunities-for-trade-and-joint-investment-560908

 :  ’s energy transition is about much more than batteries, solar panels, or renewable energy targets. It is about makin...
18/09/2026

: ’s energy transition is about much more than batteries, solar panels, or renewable energy targets. It is about making intelligent use of the exceptional natural resources our country has been endowed with, and converting them into lasting economic and national value.

Our abundant sunshine, together with our hydropower and wind potential, gives us a strong foundation for a cleaner and more self-reliant future. According to the Sri Lanka Sustainable Energy Authority, the country’s renewable energy potential exceeds 13,000 MW including 6,700 MW of solar, 4,000 MW of offshore wind, 1,860 MW of mini hydro, and 300 MW of biomass (Sri Lanka Sustainable Energy Authority, 2025) more than double our current installed capacity.

Battery Energy Storage Systems are central to unlocking this potential. They provide the flexibility to store renewable electricity when it is abundant and release it when it is most needed, helping manage generation fluctuations, support grid stability, reduce renewable energy wastage, and strengthen the reliability of electricity supply.

The National System Operator, established under the Sri Lanka Electricity Act No. 36 of 2024, oversaw the pre-commissioning of this pioneering 10MW/40MWh facility. The Act unbundled the former Ceylon Electricity Board into separate successor companies, establishing the NSO as a state-controlled entity responsible for real-time power system operations including generation dispatch, power scheduling, and grid management overseeing bulk transactions between generation and distribution companies and reporting deviations from the approved power plan to maintain optimal, least-cost electricity provision.

This pioneering project marks a significant milestone in our country’s energy sector and represents a major step towards strengthening Sri Lanka’s energy security, enhancing grid resilience, and accelerating the nation’s transition to a sustainable, low-carbon energy future.

The project delivers a range of strategic national benefits, including:
a) Enhancing grid stability and reliability, particularly in Galle District, thereby reducing power interruptions to domestic consumers, businesses, and essential public services.

b) Facilitating higher integration of renewable energy into the national grid, reducing dependence on fossil fuels and strengthening national energy resilience.
c) Creating employment opportunities during the construction and operational phases and continuing to add value to the area through its CSR projects.
d) Promoting the transfer of advanced battery energy storage technology and expertise to the Sri Lankan engineering fraternity.

e) Supporting Sri Lanka’s national commitment to achieving 70% renewable electricity generation by 2030 and carbon neutrality in the electricity sector by 2050.
f) Significantly minimising the disruptive effects of El Niño on Sri Lanka’s energy sector.

Further, the regulatory authorities’ unwavering commitment to stakeholders is a fundamental to the success of Sri Lanka’s BESS initiatives, particularly given the urgent national imperative to strengthen grid stability and mitigate the impact of hydropower variability, including anticipated El Niño-related shortfalls. A transparent, predictable, and efficient approval framework for BESS projects not only instils confidence among investors and project developers but also demonstrates the government’s resolve to translate energy policy into tangible, on-ground capacity. By hastening and streamlining the BESS approval process through the elimination of redundant procedures, clearer coordination between the Ministry of Energy, the National System Operator, and other relevant agencies, and firm adherence to stipulated timelines regulators can significantly reduce project gestation periods, thereby lowering costs and accelerating the deployment of critical grid-balancing infrastructure. Such commitment sends an unambiguous signal to stakeholders that their investments in Sri Lanka’s energy transition are valued and safeguarded within a framework of good governance, ultimately positioning the country to build on milestones for BESS.

A resilience strategy for a changing climate

Sri Lanka, like many nations in the Indian Ocean, is highly vulnerable to climate variability. Monsoon shifts, droughts, and cyclones can disrupt electricity generation and place immense strain on national infrastructure. In such circumstances, BESS is not merely a technical solution it is a resilience strategy.
Stored energy can keep hospitals functioning during blackouts, ensure schools remain open, and power emergency services when conventional generation falters. It can provide backup capacity during droughts that reduce hydropower output, or during storms that damage transmission lines.

By investing early, Sri Lanka positions itself as a climate-resilient island nation, setting an example for other Asian countries facing similar vulnerabilities. From Bangladesh’s floodplains to the typhoon-prone Philippines, the lesson is clear: storage is not optional; it is essential. The catastrophic Himalayan flash floods that struck Nepal and Tibet in August 2026 triggered by the collapse of a glacier above the Lhende river on the Tibetan side, which dammed the waterway before the surge tore through border settlements in Nepal’s Rasuwa district and into Tibet’s Gyirong Port killed hundreds and left thousands more missing across both sides of the border, with scientists linking the collapse to warming-driven destabilisation of mountain permafrost and Nepal’s own climate officials and foreign minister explicitly attributing the disaster to climate change and calling for a coordinated global response.

It is a stark reminder that no nation, however remote or well-prepared its early warning systems, is insulated from the accelerating consequences of a warming planet. Sri Lanka’s leadership can demonstrate how proactive planning and investment in BESS can mitigate risks and protect societies against these unpredictable and intensifying forces of climate change.

The strategic imperative

Energy security is inseparable from economic security. Sri Lanka’s dependence on imported fuels exposes the nation to international price volatility and foreign exchange pressures. In 2025, fuel imports accounted for 20–22% of total merchandise imports, costing the country USD 4 billion annually (World Bank, 2025). Today, this vulnerability is even more pronounced. Global crude oil prices remain elevated, with Brent trading near $108 per barrel and WTI at $102.78 per barrel (September 14, 2026). WTI stands for West Texas Intermediate a grade of crude oil that serves as a major global benchmark for oil pricing, and is often used as a reference point in energy sector analysis, including discussions on fuel costs, power generation economics, and broader energy security. This sharp rise underscores the urgency of reducing reliance on imported fuels and highlights the strategic importance of the newly commissioned Battery Energy Storage System (BESS) in Galle.

Private sector participation is equally vital. Transparent procurement frameworks and clear investment pathways can encourage domestic and international investors to contribute to Sri Lanka’s energy future, while small and medium enterprises can find opportunities in installation, maintenance, and ancillary services.

By reducing fuel imports, Sri Lanka also strengthens its balance of payments and shields its economy from external shocks creating a more attractive environment for foreign investment and reinforcing the virtuous cycle of growth and innovation.
A regional and geopolitical opportunity

Sri Lanka’s energy transition carries profound geopolitical significance. In the Indian Ocean, energy security is inseparable from maritime trade and strategic competition. By reducing dependence on imported fuels, Sri Lanka strengthens its sovereignty and reduces exposure to external shocks.

The vision must extend beyond national borders. South Asia is one of the fastest-growing energy markets in the world, with energy demand projected to grow at 6% annually, while fossil fuels still account for 70% of the region’s primary energy supply (International Energy Agency, 2025). This imbalance underscores the urgency of scalable renewable solutions.

By positioning Battery Energy Storage Systems (BESS) as a cornerstone of its energy transition, Sri Lanka can demonstrate how renewable energy can be stabilised and scaled, offering a model for neighbouring countries. Cross-border electricity trade, regional disaster-response frameworks, and shared technology platforms can all benefit from Sri Lanka’s leadership.

Today, roughly 8–10 Asian countries have meaningful grid-scale BESS deployment: China, India, Japan, South Korea, Australia, Philippines, Vietnam, Taiwan, and now Sri Lanka, with newer entrants emerging. The broader ASEAN bloc is still building out regulatory frameworks to catch up.

Indeed, Sri Lanka can become a role model for Asia. Our nation, though small in size, can show how intelligent planning, early investment in storage, and the harnessing of natural assets deliver resilience, prosperity, and leadership. Larger economies across Asia many of which face similar challenges of fuel dependence, climate vulnerability, and rising demand can look to Sri Lanka’s example as proof that clean energy can be reliable, affordable, and scalable.

A national endeavour

Energy transition is not only a matter for governments and institutions it is a matter for every citizen. People must understand that when we invest in BESS, we are investing in cleaner air, more reliable electricity, reduced fuel imports, and a stronger economy.

This is a generational opportunity. For our youth, it means new jobs, new industries, and new skills. For our communities, it means resilience against climate shocks and greater reliability in daily life. For our nation, it means independence, prosperity, and leadership.

Public engagement must therefore be central to the National BESS Programme. Education campaigns, community-level renewable projects, and transparent communication can ensure that citizens see themselves as stakeholders in the energy future. When people understand the benefits, they will support the policies, participate in the projects, and contribute to the transformation.

Harnessing nature, inspiring the region

The sun that warms our homes, the wind that sweeps across our fields, and the rivers that flow through our land are not abstractions they are gifts of nature entrusted to our stewardship. With storage, technology, investment, and leadership, these gifts can be transformed into dependable power, stronger economic performance, and enduring prosperity.

This is a moment that calls for national vision and coordinated regional action. What Sri Lanka has long awaited the storage, the technology, the investment, and the leadership are now within our grasp, ready to be harnessed not only for our nation, but for South Asia and Asia at large. That future has already begun. The commissioning of Sri Lanka’s first Battery Energy Storage System in Galle stands as living proof that this vision is no longer aspirational it is already unfolding.
The energy challenge of tomorrow calls for action today. Let us build the capacity that empowers Sri Lanka to inspire Asia and brighten a cleaner, more resilient future for generations to come.

Readmore: https://www.dailymirror.lk/opinion/A-nation-powered-by-nature-Sri-Lankas-first-battery-energy-storage-system-commissioning-turns-new-chapter-in-energy-journey/172-350554

 :  /LONDON- A high-level delegation of the SAARC Chamber of Commerce and Industry (SAARC CCI), led by its President Cha...
18/09/2026

: /LONDON- A high-level delegation of the SAARC Chamber of Commerce and Industry (SAARC CCI), led by its President Chandi Raj Dhakal, visited 10 Downing Street, , and held a high-level meeting with Rt. Hon. Pat McFadden, Secretary of State for Work and Pensions and a key member of the Prime Minister’s team.

The visit marks a historic milestone for CCI, representing the first-ever delegation of the SAARC Chamber, led by its President, to visit the Prime Minister’s Office at 10 Downing Street since the Chamber’s establishment in 1992. The landmark engagement underscores the growing international outreach of SAARC CCI and its efforts to strengthen institutional and economic linkages between South Asia, the United Kingdom and the wider Commonwealth.

During the meeting, the SAARC CCI delegation presented a strategic SAARC–Commonwealth Policy Report, jointly developed with the Commonwealth Businesswomen’s Network (CBWN). The report sets out a forward-looking framework centred on Connectivity, Commerce and Creativity (3Cs), with recommendations aimed at strengthening trade and investment linkages, enhancing regional connectivity, promoting youth and women’s economic participation, mobilising diaspora investment, and unlocking greater economic cooperation between , the and the wider Commonwealth.

The policy report proposes a range of initiatives to enhance South Asia’s integration into global and Commonwealth markets. Among its key recommendations is the establishment of a SAARC Digital Single Window to facilitate trade and services, alongside a regional value-chain mapping initiative designed to identify opportunities for greater intraregional trade and regional production networks.

President Chandi Raj Dhakal emphasised the importance of strengthening economic partnerships that can create practical opportunities for businesses, entrepreneurs, women and young people across the region.

The delegation comprised Chandi Raj Dhakal, President, SAARC CCI; Dr Rohitha Silva, Senior Vice President, SAARC CCI and President, FCCISL (FCCISL), Dr Dr Mariyam Shakeela, Vice President, SAARC CCI (Maldives); Zulfiqar Ali Butt, Secretary General, SAARC CCI; and Arif Z., Advisor to SAARC CCI in the EU and Executive Director of the Commonwealth Women Business Network.

The Downing Street engagement represents an important step in strengthening dialogue between South Asia’s private sector, the United Kingdom and the Commonwealth, with a shared focus on connectivity, commerce, investment, innovation and inclusive economic growth.

Read more: https://www.brecorder.com/news/amp/40439843

 : Bilateral engagements between   and   moved forward as delegations conducted talks focused on deepening cooperation a...
18/09/2026

: Bilateral engagements between and moved forward as delegations conducted talks focused on deepening cooperation across civil aviation, expanding air connectivity routes, and boosting air cargo capacity.

The discussions occurred on Wednesday during a formal meeting held in Dhaka between India’s High Commissioner to Bangladesh, Dinesh Trivedi, and Bangladesh’s Minister of Civil Aviation and Tourism, M Rashiduzzaman Millat.

Following the engagement, the Indian High Commission in Bangladesh posted on X, “High Commissioner of India Shri Dinesh Trivedi met the Minister of Civil Aviation and Tourism, Mr. M Rashiduzzaman Millat, on 16 Sep 2026. They held discussions on wide-ranging topics including enhancing bilateral cooperation in the field of civil aviation, improving air connectivity, enhancing air cargo capacity, improving bilateral working mechanisms and promoting tourism.”

Earlier in the diplomatic schedule on September 13, Trivedi met Zahed Ur Rahman, Advisor for Policy and Strategy to Bangladesh’s Prime Minister, where both officials discussed a broad spectrum of topics concerning bilateral ties.

The Indian High Commission in Bangladesh stated on X regarding that interaction, “The meeting included discussions on a wide range of topics in India-Bangladesh relations. Both dignitaries expressed optimism that the two vibrant democracies will continue to work together to enhance people-to-people relations.”

During the same diplomatic round, the Indian envoy also held a meeting with Bangladesh’s Minister of Water Resources, Shahiduddin Chowdhury Anee, addressing the necessity of strengthening cooperative efforts to fulfil mutual public expectations.

The High Commission detailed on X, “High Commissioner Shri Dinesh Trivedi held a meeting with the Minister of Water Resources of Bangladesh, Mr. Md. Shahiduddin Chowdhury Anee, on 13 September 2026. Minister of State Mr. Forhad Hossain Azad was also present. The discussion highlighted the importance of strengthening bilateral engagement for achieving the shared aspirations of the peoples of the two neighbouring countries.”

Additionally, on September 9, Trivedi met A K M Shamsul Islam, Advisor to Bangladesh’s Prime Minister for the Ministry of Defence and Armed Forces Division, with discussions centring on expanding defence-sector collaboration between the two countries.

The Indian High Commission in Bangladesh noted on X, “The discussions underlined the strong bond existing between the Armed Forces of the two countries. The meeting included deliberations on wide-ranging topics to enhance defence-related engagements. Both the dignitaries expressed their commitment to further enhance the relationship and to work together on various mutually beneficial areas of interests.”

Readmore: https://www.thehindubusinessline.com/news/india-bangladesh-discuss-air-connectivity-cargo-and-defence-in-dhaka-talks/article71475244.ece

 :   and the   (EU) today stressed further strengthening existing trade and economic relations and expanding new areas o...
17/09/2026

: and the (EU) today stressed further strengthening existing trade and economic relations and expanding new areas of mutual cooperation.

The issues were discussed during a courtesy meeting between Chairman of the Parliamentary Standing Committee on the Ministry of Commerce of the 13th Jatiya Sangsad Md Khaled Hossain Mahbub and Ambassador of the European Union to Bangladesh Michael Miller at the Jatiya Sangsad Bhaban this afternoon.

Deputy Head of the EU Delegation to Bangladesh Baiba Zarina and EU Trade Adviser Abu Sayeed Belal were present at the meeting.

During the meeting, both parties exchanged views on various issues of mutual interest.

Mahbub said a democratic environment has returned to Bangladesh after a long time and the people have entrusted the current government with responsibility through a free and fair election.
He noted that favourable environment for investment exists in Bangladesh.

He said parliamentary standing committees are “mini parliaments” through which the executive branch remains accountable to Parliament and the people’s representatives.

The meeting also discussed investment prospects in Bangladesh, ensuring a favourable investment environment, and various possibilities for expanding trade and economic cooperation between Bangladesh and the European Union.

The meeting stressed making the longstanding trade and economic relations between Bangladesh and the EU more effective, sustainable and mutually beneficial.

The meeting put particular importance on increasing access for Bangladeshi products to the EU market, labour laws and workers’ welfare, improving the investment environment and expanding new areas of trade cooperation.

Referring to the ban on child labour in the readymade garment sector, the committee chairman said, ”The government is implementing various programmes, including mid-day meals, educational materials and sports, to stop child labour and encourage children to attend school.”

He also said the government is working to ensure a better and more supportive working environment for women, including maternity leave.

“Current government is emphasizing on renewable energy to find a sustainable solution to the energy crisis created during the previous government,” he said.

During the meeting, the EU delegation expressed interest in various issues relating to Bangladesh’s Jatiya Sangsad, democratic institutions, and trade and economic cooperation.

They also held detailed discussions on areas of cooperation of mutual interest between Bangladesh and the European Union.

Readmore: https://www.bssnews.net/business/425273

 :   and   have identified mining, agriculture and renewable energy among potential areas for greater investment and joi...
17/09/2026

: and have identified mining, agriculture and renewable energy among potential areas for greater investment and joint ventures as the two countries seek to expand bilateral trade and economic cooperation.

Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb discussed the prospects with Canadian High Commissioner to Pakistan Tarik Ali Khan during a meeting focused on bilateral economic relations, trade and investment.

The Canadian envoy highlighted considerable scope for expanding the presence of Canadian companies in Pakistan, particularly given their relatively limited existing footprint.

The two sides discussed measures to strengthen investor confidence and facilitate greater Canadian investment in the country, while emphasising continued engagement to create a more predictable and facilitative environment for investors.

The High Commissioner also highlighted the importance of further strengthening investment-related arrangements between the two countries.

Aurangzeb emphasised the need to diversify bilateral trade and expand market access, including through greater cooperation in agriculture and agricultural commodities.

The finance minister also highlighted the government’s privatisation agenda, including opportunities in the aviation sector, and reiterated Pakistan’s interest in attracting credible, long-term international investors and expanding commercial partnerships with Canadian businesses.

The meeting also covered matters relating to the export processing zone regime and the operations of a Canadian-linked recycled clothing business.

Aurangzeb noted the employment and environmental benefits associated with such operations and assured the High Commissioner that the matter would be taken up with the relevant authorities.

During the meeting, the finance minister briefed the envoy on the government’s recent measures to provide relief to citizens, including the prime minister’s three-month fuel relief programme with an allocation of around Rs75 billion for targeted relief to eligible consumers.

He also briefed the High Commissioner on Pakistan’s recent economic progress and the government’s focus on maintaining macroeconomic stability, strengthening external buffers and advancing structural reforms.

Aurangzeb said the recent improvement in Pakistan’s sovereign credit profile reflected progress in economic stabilisation and reform.

The Canadian High Commissioner appreciated the government’s efforts to strengthen economic stability and expressed Canada’s continued interest in expanding trade, investment and business engagement with Pakistan.

He also stressed sustained dialogue and greater collaboration between the business communities of the two countries.

Readmore: https://profit.pakistantoday.com.pk/2026/09/15/pakistan-canada-eye-investment-in-mining-agriculture-and-renewable-energy

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